Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$356,053Cash toward the purchase price.
Closing costs + prepaids$12,619Not just lender fees.
Before credits & paid funds$368,672The complete starting cash picture.
Estimated remaining funds due at closing
$368,672No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$356,053.16
Your down payment$356,053.16
Closing costs + prepaids$12,618.52
Total buyer cash needed$368,671.67
Remaining funds due$368,671.67
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$327.25
Prepaid interest, first (24 days)$316.27
Fees + prepaids$12,618.52
Your down payment is the seller’s equity. You take over the $193,947 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $368,671.67 is due at closing. Uses and sources reconcile at $562,618.52 each. Not a Closing Disclosure.